Global Capsule Endoscopy Market Size, Share, Trends, Industry Growth by Product (Endoscopes, Systems), by Type (Cystoscopies, Neuro-Endoscopes), by Application, by End-Use, by Region, and Forecast to 2028

Price: 3795/- USD | Published Date: April 2, 2022 |

The global capsule endoscopy market size is expected to experience a significant CAGR of around 9% during the forecast period and was valued at around USD 500 million in 2021. The rising prevalence of chronic diseases such as cancer and gastrointestinal tract and the growing demand for minimally invasive diagnostic procedures are some of the prominent factors to drive the market growth. The growing gastrointestinal disorders such as Crohn’s disease, inflammatory bowel disease, and colorectal cancer are expected to fuel the market growth. Furthermore, technological advancement in endoscopy, the growing geriatric population globally, and the increasing expenditure on healthcare are further anticipated to boost the market growth over the forecast period.

Market Insights:

The endoscopes segment is expected to dominate the market over the forecast period

The global capsule endoscopy market is bifurcated into product, type, application, end-use, and geography. On the basis of product, the market is further segmented into endoscopes and systems sub-segment. The endoscopes segment dominated the global market in 2021 and is expected to register the highest growth rate over the forecast period. The ability to diagnose of complex health conditions such as cancer and gastrointestinal disorders is a major factor to drive the segment growth. The segment is further sub-segmented into the small bowel, esophageal, and colon. Furthermore, the increasing demand for endoscopes to diagnose various diseases such as OGIB (obscure GI tract bleeding), inflammatory bowel disease, and Crohn’s disease is further anticipated to fuel the segment growth over the forecast period.

By application, the OGIB segment held the largest revenue share of the market in 2021

On the basis of application, the market is segmented into OGIB (obscure GI tract bleeding), Crohn’s disease, small intestine tumor, and others. The OGIB segment dominated the global capsule endoscopy market in 2021 and is expected to maintain its dominance over the forecast period. The increasing use of the product in the diagnosis of OGIB due to its advantages such as real-time visualization, analysis of the entire small intestine, and image capturing is a major factor to drive the segment growth. Furthermore, the shifting preference toward capsule-based endoscopy for screening of obscure gastrointestinal bleeding is further anticipated to fuel the segment growth over the forecast period.

Capsule Endoscopy Market Size

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The capsule endoscopy comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2022 to 2028. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The capsule endoscopy market research report presents the analysis of each segment from 2019 to 2028 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2019-20 – Historical Year
  • 2021 – Base Year
  • 2022-2028 – Forecast Period

Global Capsule Endoscopy Market Segmentation:

Capsule Endoscopy Market Segmentation by Product:

  • Endoscopes
    • Small Bowel
    • Esophageal
    • Colon
  • Systems

Capsule Endoscopy Market Segmentation by Type:

  • Cystoscopies
  • Neuro-Endoscopes

Capsule Endoscopy Market Segmentation by Application:

  • OGIB (Obscure Gi Tract Bleeding)
  • Crohn’s Disease
  • Small Intestine Tumor
  • Others

Capsule Endoscopy Market Segmentation by End-Use:

  • Hospitals
  • Ambulatory Surgery Centers
  • Others

Capsule Endoscopy Market Segmentation by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Capsule Endoscopy Market: Geographic Coverage

Geographically, North America dominated the global capsule endoscopy market in 2021 and is expected to grow at the same trend over the forecast period. The increasing adoption of the technology for the diagnosis of various diseases and the increasing demand for minimally invasive diagnostic procedures are some of the major factors to drive the market growth in the region. Furthermore, the growing geriatric population and the availability of well-structured healthcare infrastructure are further anticipated to fuel the market in North America. Moreover, the increasing awareness regarding the early detection of diseases such as cancer and gastrointestinal disorders is projected to propel the market over the forecast period.

Capsule Endoscopy Market: Competitive Assessment

Some of the major market players operating in the global capsule endoscopy market are Medtronic Plc, IntroMedic, Co. Ltd., Olympus Corporation, Chongqing Jinshan Science & Technology (Group) Co., Ltd., and CapsoVision. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Medtronic Plc
  • IntroMedic, Co. Ltd.
  • Olympus Corporation
  • Chongqing Jinshan Science & Technology (Group) Co., Ltd.
  • CapsoVision
  • RF System lab
  • AccuRead Endoscopy
  • Fujifilm Holding Corporation
  • JINSHAN Science & Technology

Key Questions Answered by Capsule Endoscopy Market Report

  • Global capsule endoscopy market forecasts from 2022-2028
  • Regional market forecasts from 2022-2028 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2022-2028 covering 15 major countries from the regions as mentioned above
  • Capsule endoscopy submarket forecasts from 2022-2028 covering the market by product, by type, by application, by end-use, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level capsule endoscopy markets from 2022-2028
  • Competitive Landscape and market positioning of top 10 players operating in the market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Capsule Endoscopy Market Portraiture
2.2. Global Capsule Endoscopy Market, by Product, 2021 (USD Mn)
2.3. Global Capsule Endoscopy Market, by Type, 2021 (USD Mn)
2.4. Global Capsule Endoscopy Market, by Application, 2021 (USD Mn)
2.5. Global Capsule Endoscopy Market, by End-Use, 2021 (USD Mn)
2.6. Global Capsule Endoscopy Market, by Geography, 2021 (USD Mn)

 

3. Global Capsule Endoscopy Market Analysis


3.1. Capsule Endoscopy Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global Capsule Endoscopy Market By Product, 2019 – 2028 (USD Mn)


4.1. Overview
4.2. Endoscopes
4.2.1. Small Bowel
4.2.2. Esophageal
4.2.3. Colon
4.3. Systems

 

5. Global Capsule Endoscopy Market By Type, 2019 – 2028 (USD Mn)


5.1. Overview
5.2. Cystoscopies
5.3. Neuro-Endoscopes

 

6. Global Capsule Endoscopy Market By Application, 2019 – 2028 (USD Mn)


6.1. Overview
6.2. OGIB (Obscure Gi Tract Bleeding)
6.3. Crohn’s Disease
6.4. Small Intestine Tumor
6.5. Others

 

7. Global Capsule Endoscopy Market By End-Use, 2019 – 2028 (USD Mn)


7.1. Overview
7.2. Hospitals
7.3. Ambulatory Surgery Centers
7.4. Others

 

8. North America Capsule Endoscopy Market Analysis and Forecast, 2019 – 2028 (USD Mn)


8.1 Overview
8.2 North America Capsule Endoscopy Market by Product (2019-2028 USD Mn)
8.3 North America Capsule Endoscopy Market by Type (2019-2028 USD Mn)
8.4 North America Capsule Endoscopy Market by Application (2019-2028 USD Mn)
8.5 North America Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)
8.6 North America Capsule Endoscopy Market by Country (2019-2028 USD Mn)
8.6.1 U.S.
8.6.1.1 U.S. Capsule Endoscopy Market by Product (2019-2028 USD Mn)
8.6.1.2 U.S. Capsule Endoscopy Market by Type (2019-2028 USD Mn)
8.6.1.3 U.S. Capsule Endoscopy Market by Application (2019-2028 USD Mn)
8.6.1.4 U.S. Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)
8.6.2 Canada
8.6.2.1 Canada Capsule Endoscopy Market by Product (2019-2028 USD Mn)
8.6.2.2 Canada Capsule Endoscopy Market by Type (2019-2028 USD Mn)
8.6.2.3 Canada Capsule Endoscopy Market by Application (2019-2028 USD Mn)
8.6.2.4 Canada Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)

 

9 Europe Capsule Endoscopy Market Analysis and Forecast, 2019 – 2028 (USD Mn)


9.1 Overview
9.2 Europe Capsule Endoscopy Market by Product (2019-2028 USD Mn)
9.3 Europe Capsule Endoscopy Market by Type (2019-2028 USD Mn)
9.4 Europe Capsule Endoscopy Market by Application (2019-2028 USD Mn)
9.5 Europe Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)
9.6 Europe Capsule Endoscopy Market by Country (2019-2028 USD Mn)
9.6.1 Germany
9.6.1.1 Germany Capsule Endoscopy Market by Product (2019-2028 USD Mn)
9.6.1.2 Germany Capsule Endoscopy Market by Type (2019-2028 USD Mn)
9.6.1.3 Germany Capsule Endoscopy Market by Application (2019-2028 USD Mn)
9.6.1.4 Germany Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)
9.6.2 U.K.
9.6.2.1 U.K. Capsule Endoscopy Market by Product (2019-2028 USD Mn)
9.6.2.2 U.K. Capsule Endoscopy Market by Type (2019-2028 USD Mn)
9.6.2.3 U.K. Capsule Endoscopy Market by Application (2019-2028 USD Mn)
9.6.2.4 U.K. Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)
9.6.3 France
9.6.3.1 France Capsule Endoscopy Market by Product (2019-2028 USD Mn)
9.6.3.2 France Capsule Endoscopy Market by Type (2019-2028 USD Mn)
9.6.3.3 France Capsule Endoscopy Market by Application (2019-2028 USD Mn)
9.6.3.4 France Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)
9.6.4 Italy
9.6.4.1 Italy Capsule Endoscopy Market by Product (2019-2028 USD Mn)
9.6.4.2 Italy Capsule Endoscopy Market by Type (2019-2028 USD Mn)
9.6.4.3 Italy Capsule Endoscopy Market by Application (2019-2028 USD Mn)
9.6.4.4 Italy Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)
9.6.5 Rest of Europe
9.6.5.1 Rest of Europe Capsule Endoscopy Market by Product (2019-2028 USD Mn)
9.6.5.2 Rest of Europe Capsule Endoscopy Market by Type (2019-2028 USD Mn)
9.6.5.3 Rest of Europe Capsule Endoscopy Market by Application (2019-2028 USD Mn)
9.6.5.4 Rest of Europe Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)

 

10 Asia Pacific Capsule Endoscopy Market Analysis and Forecast, 2019 – 2028 (USD Mn)


10.1 Overview
10.2 Asia Pacific Capsule Endoscopy Market by Product (2019-2028 USD Mn)
10.3 Asia Pacific Capsule Endoscopy Market by Type (2019-2028 USD Mn)
10.4 Asia Pacific Capsule Endoscopy Market by Application (2019-2028 USD Mn)
10.5 Asia Pacific Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)
10.6 Asia Pacific Capsule Endoscopy Market by Country (2019-2028 USD Mn)
10.6.1 China
10.6.1.1 China Capsule Endoscopy Market by Product (2019-2028 USD Mn)
10.6.1.2 China Capsule Endoscopy Market by Type (2019-2028 USD Mn)
10.6.1.3 China Capsule Endoscopy Market by Application (2019-2028 USD Mn)
10.6.1.4 China Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)
10.6.2 Japan
10.6.2.1 Japan Capsule Endoscopy Market by Product (2019-2028 USD Mn)
10.6.2.2 Japan Capsule Endoscopy Market by Type (2019-2028 USD Mn)
10.6.2.3 Japan Capsule Endoscopy Market by Application (2019-2028 USD Mn)
10.6.2.4 Japan Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)
10.6.3 Rest of Asia Pacific
10.6.3.1 Rest of Asia Pacific Capsule Endoscopy Market by Product (2019-2028 USD Mn)
10.6.3.2 Rest of Asia Pacific Capsule Endoscopy Market by Type (2019-2028 USD Mn)
10.6.3.3 Rest of Asia Pacific Capsule Endoscopy Market by Application (2019-2028 USD Mn)
10.6.3.4 Rest of Asia Pacific Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)

 

11 Latin America (LATAM) Capsule Endoscopy Market Analysis and Forecast, 2019 – 2028 (USD Mn)


11.1 Overview
11.2 Latin America Capsule Endoscopy Market by Product (2019-2028 USD Mn)
11.3 Latin America Capsule Endoscopy Market by Type (2019-2028 USD Mn)
11.4 Latin America Capsule Endoscopy Market by Application (2019-2028 USD Mn)
11.5 Latin America Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)
11.6 Latin America Capsule Endoscopy Market by Country (2019-2028 USD Mn)
11.6.1 Brazil
11.6.1.1 Brazil Capsule Endoscopy Market by Product (2019-2028 USD Mn)
11.6.1.2 Brazil Capsule Endoscopy Market by Type (2019-2028 USD Mn)
11.6.1.3 Brazil Capsule Endoscopy Market by Application (2019-2028 USD Mn)
11.6.1.4 Brazil Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)
11.6.2 Mexico
11.6.2.1 Mexico Capsule Endoscopy Market by Product (2019-2028 USD Mn)
11.6.2.2 Mexico Capsule Endoscopy Market by Type (2019-2028 USD Mn)
11.6.2.3 Mexico Capsule Endoscopy Market by Application (2019-2028 USD Mn)
11.6.2.4 Mexico Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)
11.6.3 Rest of Latin America
11.6.3.1 Rest of Latin America Capsule Endoscopy Market by Product (2019-2028 USD Mn)
11.6.3.2 Rest of Latin America Capsule Endoscopy Market by Type (2019-2028 USD Mn)
11.6.3.3 Rest of Latin America Capsule Endoscopy Market by Application (2019-2028 USD Mn)
11.6.3.4 Rest of Latin America Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)

 

12 Middle East and Africa Capsule Endoscopy Market Analysis and Forecast, 2019 – 2028 (USD Mn)


12.1 Overview
12.2 MEA Capsule Endoscopy Market by Product (2019-2028 USD Mn)
12.3 MEA Capsule Endoscopy Market by Type (2019-2028 USD Mn)
12.4 MEA Capsule Endoscopy Market by Application (2019-2028 USD Mn)
12.5 MEA Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)
12.6 Middle East and Africa Capsule Endoscopy Market, by Country (2019-2028 USD Mn)
12.6.1 GCC
12.6.1.1 GCC Capsule Endoscopy Market by Product (2019-2028 USD Mn)
12.6.1.2 GCC Capsule Endoscopy Market by Type (2019-2028 USD Mn)
12.6.1.3 GCC Capsule Endoscopy Market by Application (2019-2028 USD Mn)
12.6.1.4 GCC Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)
12.6.2 South Africa
12.6.2.1 South Africa Capsule Endoscopy Market by Product (2019-2028 USD Mn)
12.6.2.2 South Africa Capsule Endoscopy Market by Type (2019-2028 USD Mn)
12.6.2.3 South Africa Capsule Endoscopy Market by Application (2019-2028 USD Mn)
12.6.2.4 South Africa Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)
12.6.3 Rest of MEA
12.6.3.1 Rest of MEA Capsule Endoscopy Market by Product (2019-2028 USD Mn)
12.6.3.2 Rest of MEA Capsule Endoscopy Market by Type (2019-2028 USD Mn)
12.6.3.3 Rest of MEA Capsule Endoscopy Market by Application (2019-2028 USD Mn)
12.6.3.4 Rest of MEA Capsule Endoscopy Market by End-Use (2019-2028 USD Mn)

 

13 Company Profiles


13.1 Medtronic Plc
13.1.1 Business Description
13.1.2 Financial Health and Budget Allocation
13.1.3 Product Positions/Portfolio
13.1.4 Recent Development
13.1.5 SWOT Analysis
13.2 IntroMedic, Co. Ltd.
13.2.1 Business Description
13.2.2 Financial Health and Budget Allocation
13.2.3 Product Positions/Portfolio
13.2.4 Recent Development
13.2.5 SWOT Analysis
13.3 Olympus Corporation
13.3.1 Business Description
13.3.2 Financial Health and Budget Allocation
13.3.3 Product Positions/Portfolio
13.3.4 Recent Development
13.3.5 SWOT Analysis
13.4 Chongqing Jinshan Science & Technology (Group) Co., Ltd.
13.4.1 Business Description
13.4.2 Financial Health and Budget Allocation
13.4.3 Product Positions/Portfolio
13.4.4 Recent Development
13.4.5 SWOT Analysis
13.5 CapsoVision
13.5.1 Business Description
13.5.2 Financial Health and Budget Allocation
13.5.3 Product Positions/Portfolio
13.5.4 Recent Development
13.5.5 SWOT Analysis
13.6 RF System lab
13.6.1 Business Description
13.6.2 Financial Health and Budget Allocation
13.6.3 Product Positions/Portfolio
13.6.4 Recent Development
13.6.5 SWOT Analysis
13.7 AccuRead Endoscopy
13.7.1 Business Description
13.7.2 Financial Health and Budget Allocation
13.7.3 Product Positions/Portfolio
13.7.4 Recent Development
13.7.5 SWOT Analysis
13.8 Fujifilm Holding Corporation
13.8.1 Business Description
13.8.2 Financial Health and Budget Allocation
13.8.3 Product Positions/Portfolio
13.8.4 Recent Development
13.8.5 SWOT Analysis
13.9 JINSHAN Science & Technology
13.9.1 Business Description
13.9.2 Financial Health and Budget Allocation
13.9.3 Product Positions/Portfolio
13.9.4 Recent Development
13.9.5 SWOT Analysis
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